Sinclair, Inc. (SBGI)
2025-06-30 | 2024-09-30 | 2024-06-30 | ||
|---|---|---|---|---|
| Total revenues | 784 | 917 | 829 | |
| Media selling, general and administrative expenses | 200 | - | - | |
| Corporate general and administrative expenses | 45 | - | - | |
| Depreciation of property and equipment | 24 | - | - | |
| Amortization of definite-lived intangible assets | 35 | - | - | |
| Non-media expenses | 13 | - | - | |
| Media programming and production expenses | 420 | - | - | |
| Loss on asset dispositions and other, net | -9 | - | - | |
| Amortization of program costs | 17 | - | - | |
| Total operating expenses | 763 | 738 | 765 | |
| Operating income | 21 | 179 | 64 | |
| Other expense, net | -18 | 24 | -42 | |
| Interest expense including amortization of debt discount and deferred financing costs | 82 | 78 | 76 | |
| (loss) income from equity method investments | -1 | - | 78 | |
| Gain on extinguishment of debt | 4 | - | - | |
| Total other expense, net | -97 | -54 | -40 | |
| (loss) income before income taxes | -76 | 125 | 24 | |
| Income tax benefit (provision) | -14 | 29 | 5 | |
| Net (loss) income | -62 | 96 | 19 | |
| Net income attributable to the noncontrolling interests | 2 | - | - | |
| Net income attributable to the noncontrolling interests | - | 2 | 2 | |
| Net (loss) income attributable to sinclair | -64 | 94 | 17 | |
| Basic earnings per share (in dollars per share) | -0.91 | 1.43 | 0.27 | |
| Basic weighted average common shares outstanding (in shares) | 69,589,000 | 66,355,000 | 66,189,000 | |
| Diluted earnings per share (in dollars per share) | -0.91 | 1.43 | 0.27 | |
| Diluted weighted average common and common equivalent shares outstanding (in shares) | 69,589,000 | 66,526,000 | 66,189,000 | |